Amgen Inc. v. Connecticut Retirement Plans and Trust Funds
Holding
Proof of materiality is not a prerequisite to certification of a securities-fraud class action seeking money damages for alleged violations of Securities and Exchange Commission Rule #10(b) and Rule 1.
Judgment
Affirmed, 6-3, in an opinion by Ruth Bader Ginsburg on Feb 27, 2013. Justice Scalia filed a dissenting opinion. Justice Thomas filed a dissenting opinion in which Justice Kennedy joined and which Justice Scalia joined except for part I-B.
Holding: Proof of materiality is not a prerequisite to certification of a securities-fraud class action seeking money damages for alleged violations of Securities and Exchange Commission Rule #10(b) and Rule 1.
Judgment:”Affirmed, 6-3, in an opinion by Justice Ginsburg on February 27, 2013. Justice Scalia filed a dissenting opinion. Justice Thomas filed a dissenting opinion in which Justice Kennedy joined and which Justice Scalia joined except for part I-B.
Mar 1, 2012Petition for a writ of certiorari filed. (Response due April 4, 2012)
Mar 26, 2012Order extending time to file response to petition to and including May 4, 2012.
Apr 4, 2012Brief amici curiae of Former SEC Commissioners, et al. filed.
Apr 4, 2012Brief amici curiae of Washington Legal Foundation, et al. filed.
Apr 4, 2012Brief amicus curiae of Chamber of Commerce of the United States of America filed.
May 2, 2012Order further extending time to file response to petition to and including May 11, 2012.
May 11, 2012Brief of respondent Connecticut Retirement Plans and Trust Funds in opposition filed.
May 21, 2012Reply of petitioners Amgen Inc., et al. filed.
May 22, 2012DISTRIBUTED for Conference of June 7, 2012.
May 31, 2012Letter and attachment of respondent Connecticut Retirement Plans and Trust Funds filed. (Distributed)Jun 4, 2012Letter of petitioner Amgen Inc., et al. in response filed. (Distributed)Jun 11, 2012Petition GRANTED. Justice Breyer took no part in the consideration or decision of this petition.
Jun 21, 2012The time to file the joint appendix and petitioners' brief on the merits is extended to and including August 8, 2012.
Jun 21, 2012The time to file respondent's brief on the merits is extended to and including September 20, 2012.
Jul 16, 2012Motion to dispense with printing the joint appendix filed by petitioners Amgen Inc., et al.
Jul 23, 2012SET FOR ARGUMENT ON Monday, November 5, 2012
Jul 25, 2012Consent to the filing of amicus curiae briefs, in support of either party or of neither party, received from counsel for the petitioners.
Aug 2, 2012Record recieved from U.S.C.A. for 9th Circuit. (1 box)
Aug 3, 2012Record recieved from U.S.D.C. for Central District of California. (2 boxes)
Aug 8, 2012Brief of petitioners Amgen Inc., et al. filed.
Aug 13, 2012Motion to dispense with printing the joint appendix filed by petitioners GRANTED. Justice Breyer took no part in the consideration or decision of this motion.
Aug 13, 2012Consent to the filing of amicus curiae briefs in support of either party or neither party received from counsel for the respondent.
Aug 14, 2012Brief amici curiae of Law Professors filed.
Aug 15, 2012Brief amici curiae of Washington Legal Foundation, et al. filed.
Aug 15, 2012Brief amici curiae of Chamber of Commerce of the United States of America, et al. filed.
Aug 15, 2012Brief amici curiae of Former SEC Commissioners, et al. filed.
Aug 15, 2012Brief amicus curiae of Securities Industry and Financial Markets Association filed.
Aug 24, 2012CIRCULATED.
Sep 20, 2012Brief of respondent Connecticut Retirement Plans and Trust Funds filed. (Distributed)Sep 27, 2012Justice Breyer is no longer recused in this case.
Sep 27, 2012Brief amicus curiae of the United States filed. (Distributed)Sep 27, 2012Brief of National Association of Shareholder and Consumer Attorneys filed. (Distributed)Sep 27, 2012Motion of the Solicitor General for leave to participate in oral argument as amicus curiae and for divided argument filed.
Sep 27, 2012Brief amicus curiae of Public Justice, P.C. filed. (Distributed)Sep 27, 2012Brief amici curiae of Civil Procedure and Securities Law Professors filed. (Distributed)Sep 27, 2012Brief amicus curiae of AARP filed. (Distributed)Sep 27, 2012Brief amici curiae of New York City Pension Funds, et al. filed. (Distributed)Sep 27, 2012Brief amicus curiae of Public Citizen, Inc. filed. (Distributed)Sep 27, 2012Brief amici curiae of Financial Economists filed. (Distributed)Sep 27, 2012Brief amici curiae of California Public Employees' Retirement System, et al. filed. (Distributed)Oct 15, 2012Motion of the Solicitor General for leave to participate in oral argument as amicus curiae and for divided argument GRANTED.
Oct 22, 2012Reply of petitioners Amgen Inc., et al. filed. (Distributed)Nov 5, 2012Argued. For petitioners: Seth P. Waxman, Washington, D. C. For respondent: David C. Frederick, Washington, D. C.; and Melissa Arbus Sherry, Assistant to the Solicitor General, Department of Justice, Washington, D. C. (for United States, as amicus curiae.)Feb 27, 2013Adjudged to be AFFIRMED. Ginsburg, J., delivered the opinion of the Court, in which Roberts, C. J., and Breyer, Alito, Sotomayor, and Kagan, JJ., joined. Alito, J., filed a concurring opinion. Scalia, J., filed a dissenting opinion. Thomas, J., filed a dissenting opinion, in which Kennedy, J., joined, and in which Scalia, J., joined except for Part I-B.
Apr 1, 2013JUDGMENT ISSUED.
Jul 5, 2013Record returned to U.S. D.C. for Central District of California.
Recommended Citation: Amgen Inc. v. Connecticut Retirement Plans and Trust Funds, SCOTUSblog, https://www.scotusblog.com/cases/amgen-inc-v-connecticut-retirement-plans-and-trust-funds/